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Banned
Join Date: Jul 2001
Casino cash: $10004900
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Larry Johnson loses Grievance
Per profootballtalk.com
http://www.profootballtalk.com/2009/...teed-salaries/ Larry Johnson Loses Grievance On Future Guaranteed Salaries Posted by Mike Florio on April 6, 2009, 1:11 p.m. EDT The good news for NFL players coming out of last week’s combined Plaxico Burress/Larry Johnson grievance is that the forfeiture of signing bonus money has been significantly limited. The bad news for NFL players is that Special Master Richard Burbank upheld player contract language invalidating future guaranteed base salaries. Per a league source, Johnson’s grievance failed as to the question of whether the Chiefs are permitted to erase $3.5 million in guaranteed base salary due in 2009 and $250,000 in guaranteed base salary due in 2010 based on Johnson’s one-game suspension in 2008 for violation of the personal conduct policy. With the future guaranteed payments now off the books, the Chiefs are expected to cut or trade Johnson. Meanwhile, we’re told that Johnson’s grievance prevailed as to the partial forfeiture of his signing bonus allocation applicable to 2008, for the same reasons that the Burress grievance prevailed on that point — according to Burbank, suspensions don’t trigger a forfeiture of signing bonus money. (Sorry if repost.) |
Posts: 26,959
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#2 |
Veteran
Join Date: Aug 2000
Location: Denver, CO. USA
Casino cash: $8654993
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L.J.’s Grievance Decision In
LINK
April 6, 2009 - Bob Gretz | Special Master Richard Burbank released his decison Monday on the grievance filed against the Chiefs by the NFL Players Association involving guaranteed money in Larry Johnson’s contract. Burbank ruled in favor of the Chiefs who removed the guarantee on base salary money for the 2009 and 2010 seasons after Johnson was suspended for one game by NFL Commissioner Roger Goodell. The contract contained specific language that would remove that guarantee. One part of the clause was forfeiture of guaranteed money with an NFL suspension. It does not mean Johnson can’t earn the money by making the team, but it’s no longer a guaranteed payment. But Burbank did have something in his ruling for Johnson on his signing bonus. At the time of his suspension, L.J. forfeited a pro-rata portion of his signing bonus for missing that game. The Special Master ruled that money could not be taken by the Chiefs. The question now is just what the Chiefs plans are for Johnson. There have been published reports that if the Chiefs prevailed in the grievance they would release the running back. That’s not necessarily the next logical step, however. Releasing him now wouldn’t accomplish anything but get him out of the building. If that’s what the Chiefs want, then he should be released by sundown. If not, then there is no reason to make a move at this time. Johnson can also expect further sanction from the Commissioner on the two charges where he pled guilty last month. Goodell said he would revisit the issue after the cases were completed |
Posts: 3,642
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#3 |
..........
Join Date: Dec 2006
Casino cash: $4167901
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check it out on snopes first, damnit!!!!
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Posts: 28,392
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#4 |
Supporter
Join Date: Aug 2001
Location: street
Casino cash: $9372208
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awesome
take that quitter's money
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Clark Hunt: "Thank god for the Dominican pool boy" |
Posts: 51,585
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#5 |
Banned
Join Date: Jul 2001
Casino cash: $10004900
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Any improvement in trade value?
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Posts: 26,959
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#6 |
**** That Noise
Join Date: Jun 2007
Location: Jack Trice
Casino cash: $3136954
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Burress won his. I still hope we keep LJ, I know this increases the chances of us getting rid of him too...
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Posts: 15,119
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#7 |
Supporter
Join Date: Apr 2001
Location: T-Town
Casino cash: $10004900
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There is a load of hay leaving town at noon. Be on it.
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Posts: 69,689
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#8 |
Curry is the pick???
Join Date: Mar 2004
Location: Georgia
Casino cash: $10004900
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We should be able to trade him for 6-7 #1 picks I'm sure.
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Posts: 8,153
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#9 |
Veteran
Join Date: Aug 2000
Casino cash: $492344
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If the Chiefs can land a high 3rd or better, trade him to the highest bidder outside the AFC West. If teams attempt to low ball us, keep him till an equal replacement is found.
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Posts: 4,830
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#10 |
Mahomes Dynasty
Join Date: Mar 2005
Location: Parts Unknown
Casino cash: $7712254
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If we can get a 3rd or better for him take it. I could give a shit if he stays in the AFCW or not.
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Posts: 39,236
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#11 |
In Search of a Life
Join Date: Aug 2000
Location: Northern Kansas
Casino cash: $-2045651
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#12 |
Amateur Poster
Join Date: Mar 2004
Casino cash: $2427091
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He has one hour to get the hell out of town.
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Posts: 15,298
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#13 |
In Search of a Life
Join Date: Aug 2000
Location: Northern Kansas
Casino cash: $-2045651
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Posts: 21,896
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#14 |
In Search of a Life
Join Date: Dec 2004
Location: Parts Unknown
Casino cash: $-2126834
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Nobody is going to give us a 3rd or higher for LJ. We would likely get a 4th rounder at best and even the chances of that are slim,we would probably have to settle for a 5th...
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Posts: 21,099
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#15 |
In Search of a Life
Join Date: Mar 2005
Location: Central Valley, Cali
Casino cash: $8697996
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Thats what he gets. I dont hate him or anything. I stillt hink he can play at a fairly high level, but he made his own bed.
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Posts: 29,111
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